Ryanair's pretax profit soars 19%, bucking industry trend; airline pushes Internet-based sales
Article Abstract:
The article is about how Dublin-based Ryanair Holdings stated that the pretax profit for the year ended March 31, 2000, increased 19% to a record Euro90.1 million as the air carrier's revenue rose 25% to E370.1 million. The postings indicate the 10th straight year of profit growth at the low-cost airline.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Low-cost airlines soar as major carriers stall
Article Abstract:
The article discusses how low-cost air carriers are doing well, even though major carriers are not. For example, Irish low-fare airline Ryanair reported an increase in traffic and profits, attributing it to new routes, decreasing fares, and an increase in cost-conscious business travelers.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Ryanair flies higher than its peers; Irish airline's earnings are stellar and so are its value-to-sales multiples
Article Abstract:
The Irish bargain airline, Ryanair, surprises even itself, with revenues that climb faster than operating costs. Passengers increased by 40% over a year ago. Growth by increasing routes is accomplished by using secondary airports rather than competing with big airlines at big airports.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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